$BTC has encountered an unusual liquidation imbalance.
The Blave liquidation map shows clear liquidation zones both above and below the current price. At the same time, the recent changes in the liquidation data indicate a growing imbalance in the OI ratio, meaning that there is accumulating liquidation pressure from both bulls and bears around the current price. The upper liquidation zone ranges from $65,530.10 to $65,858.16 (2.19).
This could trigger market makers to start liquidations, so watch out for short squeeze / long liquidation cascade risks.
Data sourced from blave.org, not a financial recommendation.
#BTC #Liquidation #liquidation map
The Blave liquidation map shows clear liquidation zones both above and below the current price. At the same time, the recent changes in the liquidation data indicate a growing imbalance in the OI ratio, meaning that there is accumulating liquidation pressure from both bulls and bears around the current price. The upper liquidation zone ranges from $65,530.10 to $65,858.16 (2.19).
This could trigger market makers to start liquidations, so watch out for short squeeze / long liquidation cascade risks.
Data sourced from blave.org, not a financial recommendation.
#BTC #Liquidation #liquidation map